Fed Chair Powell's remarks are just a brief interlude in the bull market🇱🇷
The cryptocurrency market has developed an intrinsic momentum independent of Federal Reserve policy, with four core trends continuing to drive industry growth: 1. Washington's regulatory attitude has clearly shifted to active support 2. Institutional investor participation is accelerating, with continuous inflow of ETF funds 3. Government and corporate entities are strategically increasing their holdings in Bitcoin 4. Breakthroughs in programmable blockchain technology
Recently, the popularity of Elon Musk-themed Dogecoin puppies has been rising, with great potential for the future, which is worth looking forward to! #加密市场回调 #美联储放鹰 #puppies币 #puppies,一级市场难得的金狗 $BTC
🎁Merry Christmas, always a drop during festivals📉📉 The interest rate cut is accompanied by the Federal Reserve clearly stating that it will not hold cryptocurrency B, the market reacted quickly, and as expected, there is always a drop during festivals. We must respect market rules, and we are entering a consolidation period. Fortunately, I took profits and liquidated some altcoins, just waiting to buy quality assets or those with clear bullish news at the bottom. There’s no need to panic with mainstream assets; buying them will always be profitable. With altcoins, ensure profits aren't lost, there's no need for faith. This wave of sharp decline belongs to hard selling, no one could predict what was said, it was a calamity that affected not only retail investors but even Wall Street had to brace for it. Two main points: First: there is no expectation of interest rate cuts next year, at most there might be two cuts. Second: the Federal Reserve is not allowed to hold Bitcoin (this is specifically aimed at troubling the crypto sphere). But don't worry, the Federal Reserve holding Bitcoin and Trump considering it as a strategic reserve has no impact. Looking at the ETF data, there has been no impact on the large net inflows, indicating that Wall Street still sees this plunge as an opportunity to enter, and as always, for retail investors, a pullback is the opportunity to get in. Don’t be afraid, go boldly. Recently very popular Elon Musk-themed Dogecoin puppies, with huge potential for the future, worth looking forward to! #加密市场回调 #puppies币 #puppies,一级市场难得的金狗 $BTC $DOGE
🎁Merry Christmas, always a drop during festivals📉📉 The interest rate cut is accompanied by the Federal Reserve clearly stating that it will not hold cryptocurrency B, the market reacted quickly, and as expected, there is always a drop during festivals. We must respect market rules, and we are entering a consolidation period. Fortunately, I took profits and liquidated some altcoins, just waiting to buy quality assets or those with clear bullish news at the bottom. There’s no need to panic with mainstream assets; buying them will always be profitable. With altcoins, ensure profits aren't lost, there's no need for faith. This wave of sharp decline belongs to hard selling, no one could predict what was said, it was a calamity that affected not only retail investors but even Wall Street had to brace for it. Two main points: First: there is no expectation of interest rate cuts next year, at most there might be two cuts. Second: the Federal Reserve is not allowed to hold Bitcoin (this is specifically aimed at troubling the crypto sphere). But don't worry, the Federal Reserve holding Bitcoin and Trump considering it as a strategic reserve has no impact. Looking at the ETF data, there has been no impact on the large net inflows, indicating that Wall Street still sees this plunge as an opportunity to enter, and as always, for retail investors, a pullback is the opportunity to get in. Don’t be afraid, go boldly. Recently very popular Elon Musk-themed Dogecoin puppies, with huge potential for the future, worth looking forward to! #加密市场回调 #puppies币 #puppies,一级市场难得的金狗 $BTC $DOGE
US stocks plummet! Bitcoin plummets! The culprit, the source of all evil! 🇱🇷 Powell: We are not allowed to have Bitcoin...... This individual, who plays a pivotal role in the global financial arena, often triggers significant market fluctuations with his statements and decisions.
The Hong Kong Securities and Futures Commission issues licenses to 4 virtual asset trading platforms. On December 18, the Hong Kong Securities and Futures Commission, following a rapid licensing process, granted licenses to Cloud Account Greater Bay Area Technology (Hong Kong) Limited, DFX Labs Company Limited, Hong Kong Digital Asset Trading Group Limited, and Thousand Whales Technology (BVI) Limited. Previously, there were already 3 licensed platforms, bringing the total to 7.
The Hong Kong Securities and Futures Commission currently handles license applications in a "three-step" approach: first, the initial applicants agree on improvement actions based on inspection feedback; after improvements, a conditional license is issued allowing limited operations; and finally, collaboration with licensed platforms to lift business restrictions after third-party evaluations.
Since June of this year, 11 entities regarded as “under the licensing process” have completed on-site inspections and are now under review for the remaining applications. The Hong Kong Securities and Futures Commission has communicated with senior platform executives to clarify regulatory standards, will continue this practice when appointing external assessment experts, and issue circulars to outline the roadmap for the licensing process. The licensing procedure includes steps such as inspections, issuing conditional licenses, independent third-party testing and evaluation, restricting business scope operations, appointing expert evaluations, and lifting business restrictions. The second phase of evaluation focuses on the implementation of policy procedures, with any changes or violations needing to be reported, and the evaluations signed by practicing accountants conducted under a tripartite agreement.
The development of virtual assets in Hong Kong is driven by substantial market trading volume, the need for investor protection, and the potential for technological innovation. Contributing factors include talent, economic benefits, and support from the younger demographic. Although regulation is challenging, favorable trends are emerging: practitioners are subject to global scrutiny, and there is a fusion of traditional finance and Web3. The Hong Kong Securities and Futures Commission firmly believes in the future of virtual assets in a regulated market, adhering to the principle of "same business, same risk, same rules." Licensing is the starting point, and by early 2025, a consultation group will be set up for licensed platforms to balance regulation with the business environment and prioritize development matters based on feedback from various parties.
Recently, the popularity of Elon Musk-themed Dogecoin puppies has been rising, and the future looks promising! Worth paying attention to! #加密市场回调 #puppies币 $BTC
Zhao Changpeng meets with the King of Bhutan and promotes Bitcoin💰 Binance co-founder Zhao Changpeng posted a photo of his meeting with the King of Bhutan on platform X, captioning it: "Inspiring conversation." Additionally, in response to a comment asking, "Did you promote Bitcoin to them?" Zhao Changpeng replied, "Of course."
The recently popular Musk-themed Dogecoin puppies have enormous future potential and are worth looking forward to! #加密市场回调 #圣诞行情预测 #puppies币
Coinbase delisted WBTC due to the unacceptable risks posed by Sun Yuchen. According to CoinDesk, Coinbase stated that Sun Yuchen brought "unacceptable risks" which led to the delisting of WBTC. Last week, WBTC issuer BiT Global sued Coinbase for favoring rival CbBTC, to which Coinbase responded that it is related to Sun Yuchen, who is facing charges of fraud and market manipulation in the United States. Documents show that Sun Yuchen was associated with WBTC through an August collaboration. Coinbase expressed concerns about the reliability of BIT's management due to Sun Yuchen's involvement, firmly stating that the security of the platform is their top priority, claiming that WBTC's trading volume is small and has no substantial impact. This is Coinbase's move to safeguard platform security, and BiT Global needs to prove the legitimacy of its lawsuit. This incident may change the standards for token delisting and risk management on cryptocurrency platforms, as the future of the crypto market is uncertain; maintaining platform reputation and user safety is a challenge for the industry.
Trump never follows the usual rules‼️ He actually invited an Eastern power to his inauguration⁉️
This matter is tricky; ignoring it is not an option due to diplomatic etiquette and face-saving, and since Trump has a tendency to seek revenge, offending him can lead to complications. Actively responding could help him showcase his status and build momentum for "Make America Great Again." It will be challenging to find the right balance in handling this issue, and it is highly likely that it will be similar to the British Queen's funeral, with the Vice President leading a delegation. This level of representation is akin to a deputy head of state, which could balance diplomatic etiquette and national dignity, neither overly subservient nor overly assertive.
With Trump in office, the cryptocurrency market will heat up again. The recent popular Musk-themed puppies are worth looking forward to! #加密市场回调 #puppies币 #puppies,一级市场难得的金狗 $BTC $PEPE
Whale action! ETH enters "sell mode" again! 🔍 On-chain analysis monitoring shows that since January 2024, whales have built positions of about 19,992 ETH at an average price of $2,550. However, this wave of whales seems to have started to move again-in the past 13 hours, a total of 9,496 ETH have been sold, worth up to $37.02 million! 💰 ⏳ Three hours ago, this whale transferred another 6,796 ETH to Binance. If it is successfully sold, it is expected to make a profit of $9.13 million 🚀! The impact of this trend on the market: 1️⃣ Bullish or bearish? The selling of whales usually means that the market may face short-term pressure, especially when such large transactions occur, market sentiment may become more cautious. 2️⃣ Fund flow: The large influx of ETH into exchanges is usually regarded as a selling signal, and whale selling may further exacerbate short-term price fluctuations. Market summary: 👀 Investors need to remain vigilant. Although ETH's long-term potential remains strong, it may face selling pressure in the short term. 🔑 Key advice: Don't blindly follow the trend and chase high prices. You can pay attention to the dynamics of the market's big players, do a good job of risk control, and avoid being dragged down by volatility! 💬 What is your strategy? Behind the whale's sell-off, are there deeper market signals waiting to be discovered? #加密市场盘整 #BTC再创新高 #puppies币 #puppies,一级市场难得的金狗 $ETH
Can the Federal Reserve's decision reverse the decline in the cryptocurrency market?
On December 19, Beijing time, the Federal Reserve is about to announce its latest interest rate decision, and the market widely expects a high probability of a 25 basis point rate cut. This important event will have a profound impact not only on traditional financial markets but will also stir waves in the cryptocurrency market.
In terms of market expectations and actual actions, the market is almost certain that the Federal Reserve will cut rates by 25 basis points this time based on the CME Federal Funds futures model. This expectation stems from investors' considerations of economic slowdown and inflationary pressures. If the Federal Reserve indeed acts as expected, it will be the third rate cut of the year, totaling 100 basis points; if it is more aggressive, such as cutting rates by 50 basis points or issuing a more dovish statement after the meeting, the market reaction will be even stronger.
Regarding Bitcoin price fluctuations, in the short term, a rate cut may benefit cryptocurrencies, including Bitcoin, due to increased liquidity, leading to a price rise, but since the market has basically digested this expectation, the price increase may be limited. In the long term, Bitcoin's price is driven by supply and demand; without new significant positive news, it is difficult to sustain a large-scale rise.
In terms of changes in the value of the US dollar, rate cuts often lead to a weaker dollar. Given the relative appreciation of Bitcoin against the dollar, dollar depreciation will boost the value of digital currencies. At the same time, rate cuts raise inflation expectations, and Bitcoin, as an anti-inflation tool, will also support its price.
From the perspective of global market sentiment, during times of economic uncertainty, rate cuts may exacerbate risk aversion. Although gold is the traditional choice for risk-averse assets, Bitcoin has also gained favor with some investors in recent years. Moreover, rate cuts will prompt investors to shift their assets, changing Bitcoin's trading volume and liquidity, which will affect its price.
Internal factors in the cryptocurrency market are also crucial. Technological innovation and development continue to shape the market; advancements in blockchain technology or the birth of new cryptocurrency projects have an impact. In terms of the regulatory environment, policies in various countries and regions are constantly changing, which significantly affects market sentiment and prices. #加密用户突破1800万 #BTC再创新高 #puppies币 #puppies,一级市场难得的金狗 $BTC
Is it legal for mainland residents to withdraw cryptocurrency in Hong Kong?‼️ 1. How should one operate?⁉️
Hong Kong has attracted the attention of mainland investors due to its open virtual asset policy. In 2023, the SFC allowed retail investors to legally invest in virtual assets through licensed platforms, providing a legal framework. Although the mainland has banned virtual currency trading and mining since 2021, there is no explicit prohibition on individual holdings. However, cross-border withdrawal and exchange into fiat currency to mainland accounts involve regulations from both regions.
In terms of risk, cross-border capital flow poses compliance risks, and large amounts may attract foreign exchange monitoring; the legality of funds is subject to scrutiny because virtual assets are anonymous and may involve illegality; if the trading platform is not legitimate, there are safety hazards.
Compliance operation suggestions: choose a Hong Kong SFC-recognized licensed platform; withdraw cryptocurrency in batches and manage capital flow; keep detailed transaction records; pay attention to policy dynamics. The operational process involves registering for verification on a licensed platform, depositing virtual assets, and withdrawing cryptocurrency, with funds returning to the mainland in small amounts in accordance with regulations.
In summary, it is legal for mainland residents to withdraw cryptocurrency in Hong Kong, but operations must comply with regulations. Choosing the right platform, managing funds properly, keeping records, and staying informed about policies are essential to ensure asset security and compliance. Hong Kong serves as a channel for mainland residents to enter the global virtual asset market, with legality and compliance being key. Recently, the highly popular Musk-themed puppies are worth paying attention to! #BTC再创新高 #puppies币 #puppies,一级市场难得的金狗 $BTC
🆘 Want to succeed in this bull market? Don't do these 10 things! ⁉️
Today we explore: With the bull market coming, opportunities are endless, but if you're not careful about these pitfalls, you may not make any money! In this video, we share 10 mistakes that crypto investors must avoid, each one can help you avoid pitfalls and reduce losses! Don't chase highs (FOMO): Don't impulsively buy in a rising market! Don't rush decisions: Making money requires stability, protecting capital is even more important. Don't frequently swap coins: Blindly chasing trends will only lead to losses. Don't over-diversify: Too much diversification will dilute returns. Don't be greedy: Paper profits are not real gains, remember to secure your profits. Don't be complacent: Take profits in stages, don’t expect to catch the market peak all at once. Don't use leverage: Stay away if you're a beginner, unless you really understand it! Don't panic sell: Market fluctuations in a bull market are normal, learn to buy on dips. Don't lock up tokens: Liquidity is key! Don't ignore security measures: Use hardware wallets, properly store your seed phrases, and prioritize fund safety. After reading these 10 points, you'll avoid many detours and achieve profits more easily in the bull market! #BTC再创新高 #puppies币 #puppies,一级市场难得的金狗 $BTC
Will Dogecoin skyrocket? Is the DOGE price about to break $3.0? Here are the possibilities.
As the price of Dogecoin (DOGE) stabilizes around $0.40, the bullish catalysts for the world's largest meme coin are accumulating in the background, suggesting that a new round of increases may be imminent. Since breaking below the short-term uptrend and continuing to struggle against resistance in the form of 21DMA, DOGE still faces the risk of further pullbacks in the short term. It may retest its 50DMA around $0.33, which also coincides with the key support area of 2021.
Nevertheless, the DOGE futures funding rate is currently at a relatively low level, indicating that any speculative excess accumulated in recent weeks has largely dissipated, thereby reducing the risk of recent sell-offs.
A chart to tell you when the altcoin season will erupt! What trading opportunities do retail investors still have?
What is an altcoin season? My understanding is very simple.
1. First, break through the March price peak.
2. Then break the historical high of 2021.
3. The process involves capital inflows - capital outflows
Capital flows into BTC ➩ BTC dominance increases ➩ Altcoins get drained ➩ Altcoins fall
Capital flows out of BTC ➩ BTC dominance decreases ➩ Altcoins accumulate ➩ Skyrocket
This chart is based on statistical analysis of the performance of the top 100 tokens by market cap, dividing these tokens into 'those that have broken through the March price peak' and 'those that have not broken through the March price peak,' with 50 tokens in each category. The data source is the relevant information displayed in the chart.
$USUAL engage in pre-market trading, limited subscription, the project party is sincerely trying to allow the poor to get on board, but a group of speculators are oblivious, with a mentality of trading coins, chattering and hesitating, getting on and off the bus, ultimately being left behind, only able to watch and sigh in admiration, witness the miracle on the 18th at 19:00.
$USUAL Confidential Data Run fast, there may be a massive airdrop tomorrow that could crash the price and we might not be able to hold the 0.2 position. We can place an order to buy at 0.15. Even if we don't get it, it's okay; I can wait until the market capitalization exceeds 5 billion USD to enter. At that time, the selling pressure from the airdrop won't be as significant. Of course, conservative people will choose to go all in when the market cap breaks 10 billion USD. You, being smart, surely know what to do.
Significant Signal! The China-US 'Water Pump' has started, and a major reshuffle is coming!
The world has become somewhat uncontrollable; this is the friction brought about by the fierce game between multiple global forces during the economic cycle transition. This is often inevitable but carries a lot of uncertainty. As the two largest economies in the world, the competition between China and the US is the main theme of the global power struggle.
Many people have a question: The Federal Reserve has already cut rates twice and entered a rate-cutting cycle, so why is the US dollar index rising and continuously setting new highs?
According to normal logic, as long as the Federal Reserve starts to cut rates, the dollar is likely to depreciate. However, the current situation is exactly the opposite, and the reasons behind this are multifaceted.
Is it legal for mainland residents to withdraw money in Hong Kong? How should they do it?
With the development of the global cryptocurrency market, Hong Kong has attracted a large number of mainland investors with its open and transparent virtual asset policies. As a financial center in the Asia-Pacific region, Hong Kong has become an important node for many mainland residents to explore cryptocurrency withdrawals. However, behind the withdrawal opportunities, the legality and operational details need to be carefully considered. So, is it legal for mainland residents to withdraw money in Hong Kong? And how can they avoid risks? 1. Analysis on the legality of mainland residents withdrawing money in Hong Kong Hong Kong’s virtual asset policy In 2023, the Securities and Futures Commission (SFC) of Hong Kong officially allowed retail investors to legally invest in virtual assets through licensed trading platforms. This provides a clear legal framework for investors to trade, hold and withdraw cryptocurrencies in Hong Kong. Withdrawing cryptocurrencies through SFC licensed platforms is completely legal in Hong Kong, and investors can operate with peace of mind as long as they comply with relevant regulations.
The United States Embraces Bitcoin with Strategic Reserves
Trump's election bolstered the cryptocurrency market, with his administration appointing crypto-friendly officials such as Vice President JD Vance. This marks the end of anti-crypto policies and the beginning of a strategic asset positioning policy for Bitcoin.
Progress on Cryptocurrency ETPs
The new SEC leadership will approve multiple spot ETPs, such as the VanEck Solana product. The Ethereum ETP will expand staking capabilities, and both Ethereum and Bitcoin ETPs will support physical creation and redemption. Changes to SEC rule SAB 121 will encourage banks and brokers to custody spot cryptocurrencies, advancing the integration of digital assets with traditional financial infrastructure.
Sovereign Bitcoin Adoption Trends
It is expected that by 2025, the federal government or some states (Pennsylvania, Florida, or Texas) will establish Bitcoin reserves. The federal government may use the Treasury's foreign exchange stabilization fund for reserves, while state governments may act independently due to fiscal uncertainty or to attract innovation in crypto investments. In terms of Bitcoin mining, as adoption rates rise in BRICS nations, the number of countries mining with government resources will reach double digits (currently seven), with Russia's intention to settle international trade in cryptocurrencies boosting this trend.
Outlook for the U.S. Crypto Ecosystem
The U.S. support for Bitcoin will impact the crypto ecosystem. Clear regulations and incentives will attract talent and companies back, with the global share of U.S. crypto developers expected to rise from 19% to 25%. U.S. Bitcoin mining, driven by cheap energy and favorable tax policies, will increase its global computing power share from 28% in 2024 to 35% by the end of 2025, consolidating the U.S.'s leadership position in the global Bitcoin economy. #BTC再创新高 #puppies币 #puppies,一级市场难得的金狗 $BTC